Acreage Announces Retirement of Short-Term Strategic Financing

NEW YORK, Oct. 19, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF) today announced the retirement of its short-term strategic financing announced in June 2020. Acreage paid in aggregate approximately $18 million to retire the full principal balance and accrued interest. Payment of this short-term strategic financing, which was used to closeContinue reading “Acreage Announces Retirement of Short-Term Strategic Financing”

Acreage Announces Opening of Nature’s Care Dispensary in Chicago’s West Loop

NEW YORK, Sept. 28, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE:ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) announced today’s opening of its first downtown Chicago cannabis dispensary and second in Illinois. Nature’s Care West Loop is in the heart of one of Chicago’s premier retail, restaurant and residential districts at 810 W. Randolph Street. Nature’s Care West Loop complements Acreage’sContinue reading “Acreage Announces Opening of Nature’s Care Dispensary in Chicago’s West Loop”

Acreage Announces Amendment of Warrant Terms

— Acreage Holdings, Inc. (“Acreage” or “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announces its intention to amend the term and exercise price of the 6,085,192 Class A subordinate voting share purchase warrants (the “Warrants”) issued as part of the Company’s private placement which closed on February 10, 2020. Under the current terms, eachContinue reading “Acreage Announces Amendment of Warrant Terms”

Acreage Files Preliminary Proxy Statement for Proposed Amended Plan of Arrangement

— Acreage Holdings, Inc. (the “Company” or “Acreage”) (CSE:ACRG.U, OTCQX: ACRGF, FSE:0VZ) announced today that it has filed a preliminary proxy statement (the “Preliminary Proxy Statement”) with the Securities and Exchange Commission (the “SEC”) for a special meeting of shareholders (the “Meeting”) to consider the previously announced agreement with Canopy Growth Corporation (“Canopy Growth”), pursuantContinue reading “Acreage Files Preliminary Proxy Statement for Proposed Amended Plan of Arrangement”

Acreage Enters Into Definitive Funding Agreement for $15 Million

— Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced it entered into a short-term definitive funding agreement with an institutional investor (the “Lender”) for a total of $15,000,000 in gross proceeds. FINANCING TERMS AND DETAILS The secured note has a maturity date of four months and bears interest at aContinue reading “Acreage Enters Into Definitive Funding Agreement for $15 Million”